MANILA, Philippines — The Department of Justice gave former Chief Justice Renato Corona up to Friday to face the panel handling the tax evasion case filed against him by the Bureau of Internal Revenue (BIR).

Corona failed to appear during Tuesday’s preliminary investigation due to flu.

Senior State Prosecutor Roseanne Balauag said Corona needed to swear in on the rejoinder or his response to the allegations of the BIR.

Balauag is the head of the panel handling the case against Corona.

The panel granted the request of Corona’s lawyer that they be given up to Friday for the former Chief Justice to appear.

Balauag said if Corona failed to appear on Friday, they would submit the case for resolution.

On August 30, the BIR filed a tax evasion case worth P150.68 million at the DoJ against Corona.

Based on the BIR complaint Corona did not declare all his assets in his Statement of Assets Liabilities and Networth.

Aside from the bank deposits, Corona also did not declare two properties he acquired during his stint in government: a condominium unit at the
Columns, along Ayala Avenue that he bought for P3.6 million in 2004 and a property in Fort Bonifacio that he bought for P9.16 million in 2005.

After examining Corona’s bank records and compared it with his networth, Henares said they discovered a substantial disparity between the acquisition cost of the properties declared in his SALNs and the cost declared in the certificates authorizing registrations.

Using the “expenditure method,” the BIR found that Corona’s deficiency income tax liability amounted to P120.5 million for the nine-year period.

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Well, Corona de muerte is paying the piper for blind loyalty to dorovo.

Jim De Garman

on Friday he will be in St. Lukes Hospital with a severe blood sugar.

Horst Manure

In a gold plated wheel chair.

Jeanne Thompson

.

Jeanne Thompson

Ikaw naman binuko mo agad hehehe

Facilitator1

Because of the FLU, ex-CJ Corona failed to appear before a DOJ panel for tax evasion. WHY? My guess is Corona ‘s unique, pecular way of saying that “I can’t really explain the disparity between my income and my properties/assets”. Ergo, his absence or his lame excuse for being a NO-SHOW. PEACE

A high-profile personage being sent to jail for tax evasion is what the BIR needs to sow terror among tax evaders.

In the US, many similar cases are publicized widely to discourage tax evasion. One prominent personality is actor wesley snipes who is expected to be released from prison next year after serving a 3-year prison sentence for tax disparity.

Full steam ahead KIM.

ztefertilizerscam9

Thief Justice Renato Corona has withdrawn a total of P36.2 million from three accounts at Philippine Savings Bank (PSBank) on Dec. 12, 2011, the day he was impeached by the House of Representatives
The three accounts he was referring to were 089-121023848 (opened on June 29, 2011 with an initial deposit of P17 million); 089-12101593 (opened on Dec. 22, 2009 with an initial deposit of P8,500,000 and ending balance of P12,580,316.56 as of Dec. 31, 2010) and 089-121021681 (opened on Sept 1, 2007 with an initial deposit of P7,090,099.45). All three accounts were closed on Dec. 12, 2011

“His wife, Maria Cristina Roco Corona, was appointed by Fake President President Arroyo to the Board of John Hay Management Corporation. (She later became president and COO.) She was one of those who signed a paid newspaper advertisement supporting President Arroyo in early 2008 who was then besieged with allegations that she approved an overpriced national broadband deal knowing that the project was tainted by bribery.”
These acts allegedly are the reasons why Corona, in 19 major cases against the Arroyo admin, voted for it. Among the 19 were: the grant of territory to Moro separatists, the Hello Garci tapes, and the ZTE scam (for which Mrs. Corona advertised support for the for the Fake President Arrovo)

First, UST requires a dissertation. Dissertation writing takes all of 15 units spread out in four
courses.Second, only students who complete their doctorate degrees in five years are qualified to graduate with honors: “A student who has overstayed beyond the residency limit…will also be disqualified to graduate with honors.”Corona does not have a dissertation. Neither did he fulfill the five-year residency requirement.

plunderer

we cant blame the accused ( Corona) instead it is the ( mga kinkoy who run the system of justice in the Philippines).

http://www.facebook.com/Boycott.Made.N.China Val Sor

This hads been going for so long. Justice delayed is justice denied.

UrHONOR

>>>Aside from the bank deposits, Corona also did not declare two properties he acquired during his stint ingovernment: a condominium unit at the
Columns, along Ayala Avenue that he bought for P3.6 million in 2004 and a property in Fort Bonifacio that he bought for P9.16 million in 2005.<<<
MALILINTIKAN si ESPINO ng Pang sa pangyayaring ito….negosyo habang na sa pwesto.

Quite a change in attitude. An ex-Chief Justice backed by high-priced lawyers would have come up with a convincing defense by now… but he has no real defense, and never had any. Between his SALN and tax returns, he’s as good as nailed.

Same old repeating loop of delaying tactics, blame political plots, and wheelchairs from hereon. Just like Gloria. I just wish the rest of his gang still seated in the Supreme Court get the same level of scrutiny.

EdgarEdgar

Most people in these forums can attest to the fact that I’m the last person who’d come to the defense of Mr. Corona. But in this case, I just couldn’t help but defend the man especially now that he’s down and out. If he’s down with a flu, then he’s down with a flu. A lot of people are getting sick of late. Corona’s successor Sereno was just down with a convenient illness two weeks ago and failed to show up for an en banc session. Ex-NFA Chief Lito Banayo, another Pnoy appointee, who is now implicated in big time rice smuggling was also down with some serious guilt-induced heart ailment and failed to show up for the senate inquiry. Even the senator from Cebu was down with pancreatitis and failed to cast the most important vote of his life. And then there’s Pnoy, let’s keep this hush hush, who lost control of himself down under because of some stomach flu while in Australia and spoiled the expensive state visit. Just a few weeks ago, Pnoy was down again with smoking-induced flu which precluded him from entertaining the IMF chief and made his legs too weak to stand up to China just when we needed his manliness most. You can blame Cambodia for being dirty, dusty and being Southeast Asia’s backwater but Pnoy was already sick even before he flew in to that country. And let’s not forget that Hillary Clinton too was down with some strange stomach virus and literally fell flat on her face and had some concussions as a result. People do get sick you know. More so when all the resources of the state are arrayed against you by some vindictive dictator. But let’s keep the last bit about the dictator hush hush, too. You never know who’ll come and get you. Especially when the Anti-Cybercrime Law is finally upheld. We hope you get well soon Mr. Corona.

We love you GMA!

disqusted0fu

this is like a game of monopoly and the president has acquired majority of the assets. no matter what panel Corona or any of the political foes of the president for that matter, lands on, guilty or not guilty, he will pay the price. everyone is in Aquino’s grasp